Debt payoff calculator
Compare snowball and avalanche strategies. Estimate months and interest from balances, rates and monthly payments.
This calculation is not saved here. Changing currency does not convert amounts.
How it works
Educational simulation using annual nominal interest divided by 12 and end-of-month payments. The total payment budget stays constant as debts are cleared. Avalanche targets the highest rate; snowball targets the lowest balance. Excludes fees, variable rates and new purchases. Your contract determines actual charges. Record only principal repaid, excluding interest.